Month: July 2021

U.S. Senator Elizabeth Warren (D-MA) questions Charles P. Rettig, commissioner of the Internal Revenue Service, during the Senate Finance Committee hearing titled The IRS Fiscal Year 2022 Budget, in Dirksen Senate Office Building in Washington, D.C., June 8, 2021. Tom Williams | Pool | Reuters Wells Fargo‘s decision to pull customers’ credit lines was lambasted
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Ines Fraile | iStock | Getty Images The Pennsylvania Higher Education Assistance Agency — which oversees loans of 8.5 million student borrowers — announced it would not renew its contract with the federal government when it ends later this year. Consumer advocates applauded the news because PHEAA, a quasi-governmental student aid organization created in 1963 by
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Today’s column addresses questions about whether Social Security reps normally try to convince people to take their retirement benefit before they turn 70, whether to file for retirement benefits after taking survivor benefits and when spousal benefits could be paid along with public pensions. Larry Kotlikoff is a Professor of Economics at Boston University and
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Flush with cash from one of Thailand’s biggest IPOs, Asset World Corp. CEO Wallapa Traisorat is building new hotels and refurbishing tourist landmarks in hopes of a post-pandemic boom. With Covid-19 still keeping foreign tourists away from Thailand’s pristine beaches and bustling cities, leaving more than 80% of hotel rooms unoccupied, one would expect the
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Omeed Firouzi with Philadelphia Legal Assistance discusses the upcoming advance child tax credit payments and the related potential challenges for taxpayers and practitioners. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This week: extra credit. In mid-July, the IRS
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